New Nike CEO Elliot Hill is inheriting “a turnaround that has yet to show momentum,” according to Stifel analyst Jim Duffy.
In a big shakeup, Nike is set to change its CEO, a move that has sparked both optimism and skepticism from Wall Street.
But Nike shares are running higher today. After jumping nearly 9% Friday morning, as of 10:35 a.m. ET, the stock was still ...
Investors are hoping that replacing John Donahoe as chief executive will lift its stock price and restore the brand’s cool ...
Nike, struggling from rising competition and its own strategy mistakes, is making a major shakeup. The athletic giant ...
Nike stock is higher Friday after the embattled retailer announced a 32-year company veteran will return as its incoming CEO.
Nike's new CEO is expected to double down on the company's efforts to repair relations with retailers to energize sales, ...
Over the course of over 30 years, he worked his way up to top management. Management experts say the company veteran could ...